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Reaction to Public Information in Markets: How much does Ambiguity Matter?
16 references·7 citing·30 second hop
Reaction to Public Information in Markets: How much does Ambiguity Matter? (2012)Reaction to Public Information in Markets…Theory of games and economic behavior (2019)Theory of games and economic …Irrational Exuberance (2000)Irrational ExuberanceBy Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior (1999)By Force of Habit: A Consumpt…Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Market efficiency, long-term …Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Psychology and Secur…A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1 (1998)A model of investor sentiment…Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Returns to Buying Winners and…Recent developments in modeling preferences: Uncertainty and ambiguity (1992)Recent developments in modeli…Maxmin expected utility with non-unique prior (1989)Maxmin expected utility with …Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets (1988)Bubbles, Crashes, and Endogen…Does the Stock Market Overreact? (1985)Does the Stock Market Overrea…A Treatise on Probability (1973)A Treatise on ProbabilityRisk, Ambiguity, and the Savage Axioms (1961)Risk, Ambiguity, and the Sava…Theory of Games and Economic Behavior (1945)Theory of Games and Economic …Risk, Uncertainty and Profit (1921)Risk, Uncertainty and ProfitA model of investor sentiment /A model of investor sentiment…Individual Attitudes and Market Dynamics Towards Imprecision (2020)Individual Attitudes and Mark…Risk premia and ambiguity in an experimental market featuring a long-lived asset (2017)Risk premia and ambiguity in …Ambiguïté, comportements et marchés financiers (2017)Ambiguïté, comportements et m…Sustaining Group Reputation (2015)Sustaining Group ReputationBanking on experiments? (2015)Banking on experiments?Three experiments on decision-making under uncertainty in dynamic environments (2013)Three experiments on decision…Strategies of cooperation and punishment among students and clerical workers (2013)Strategies of cooperation and…Utility Theory for Decision Making (1971)Chapter 18 A survey of behavioral finance (2003)A Smooth Model of Decision Making under Ambiguity (2005)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)On Persistence in Mutual Fund Performance (1997)Continuous Auctions and Insider Trading (1985)A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Boys will be Boys: Gender, Overconfidence, and Common Stock Investment (2001)The General Theory of Employment, Interest and Money, by John Maynard Keynes (1936)The General Theory of Employment, Interest and Money. (1936)Judgment Under Uncertainty: Heuristics and Biases. (1984)Judgment under Uncertainty: Heuristics and Biases (1975)In Search of Attention (2011)Integración de los mercados financieros Latinoamericanos por medio de MILA (2020)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Entrepreneurial discovery and the competitive market process: an Austrian approach (2000)Gender Differences in Preferences (2009)The Framing of Decisions and the Psychology of Choice (1981)Prospect theory: An analysis of decision under risk (1988)Advances in prospect theory: Cumulative representation of uncertainty (1992)Toward a positive theory of consumer choice (1980)Non-cooperative games (1989)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)Representative design and probabilistic theory in a functional psychology. (1955)Features of similarity. (1977)Evolutionary game dynamics (2003)
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References

  • 2019Theory of games and economic behavior16,630 cited
  • 1993Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency11,575 cited
  • 1921Risk, Uncertainty and Profit9,962 cited
  • 1961Risk, Ambiguity, and the Savage Axioms7,892 cited
  • 1985Does the Stock Market Overreact?7,569 cited
  • 1998Investor Psychology and Security Market Under‐ and Overreactions5,711 cited
  • 1999By Force of Habit: A Consumption‐Based Explanation of Aggregate Stock Market Behavior5,088 cited
  • n.d.A model of investor sentiment /4,073 cited
  • 1989Maxmin expected utility with non-unique prior4,063 cited
  • 1945Theory of Games and Economic Behavior4,006 cited
  • 1998A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.12,865 cited
  • 1973A Treatise on Probability2,575 cited
  • 1998Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1

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2,572 cited
  • 1992Recent developments in modeling preferences: Uncertainty and ambiguity1,795 cited
  • 2000Irrational Exuberance1,515 cited
  • 1988Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets1,269 cited
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    • 2020Individual Attitudes and Market Dynamics Towards Imprecision1 cited
    • 2013Three experiments on decision-making under uncertainty in dynamic environments0 cited
    • 2017Risk premia and ambiguity in an experimental market featuring a long-lived asset0 cited